2019 Goals – Better Late Than Never!

So I mentioned in our previous blog post that 2019 has been off to a very busy start – hence, why we are just now getting around to talking about our 2019 goals! Grant and I sat down at the beginning of January reflecting on what all we accomplished in 2018 and how we wanted to build off of that in 2019. One of the big realizations I had wrapping up 2018 was that it can be so easy to focus on the goals you fall short on and don’t accomplish, rather than celebrating everything you were able to do. For 2019, our focuses will be about celebrating life’s little wins and having gratitude every day, even if it may seem like we’re not making as big of a dent in our long-term goals.

Without further ado, here are our goals for 2019:

  1. Eliminate all debt – With the exception of our mortgage, our goal is to be completely debt free by the end of 2019. That means no more car payments and no more student loan debt. We have just over $10,000 left, which feels a little daunting to tackle in less than 10 months. But with only 4 more car payments left and continuing to automate our payments each month, we are so close to marking this one off the list! One thing that has really helped has been making weekly additional payments on my student loans – you don’t miss an extra $50 when it lines up with payday, but it contributes a lot to decreasing that balance by the end of the month.
  2. Less mindless snacking – We are both guilty of “treating yourself” a little too often. We did a great job in 2018 with exercising and eating at home, but we also grew accustomed to having an evening snack after dinner while watching TV. I don’t even think I was hungry most of the time! It was just mindless while we watched TV or talked. In 2019, we’re trying to be more mindful of what we choose to eat. That’s not to say that we are cutting out snacks forever, just that we are trying to be smarter about weekday snacking.
  3. Be more intentional and present with our time – Technology is such a gift but it can also be the biggest distraction. It’s amazing that we’ve conditioned ourselves to treat moments of silence or boredom with the opportunity to just scroll mindlessly through social media. With our work schedules, we only get maybe 2-3 hours to spend together each week day before it’s time for bed and that decreases even more when Grant travels for work. While quantity of time isn’t the most important, quality is. For us, that means putting down the phones when we are together and trying to be more in the moment. We’re looking forward especially to the opportunity to disconnect even more when we go on our Italy trip!
  4. Read more – For as long as I can remember, I’ve always loved to read. But as your day gets filled with more and more responsibilities, things like reading fall by the wayside. It’s always after a vacation full of reading that I realize how much I miss this, but it shouldn’t have to be reserved for that vacation time. It’s a great way to keep you thinking and to unwind after a long day, so it’s on my personal list to pick up a book at least a few times a week for 30 minutes or more.
  5. Anniversary trip – Although we have a big trip planned to Italy, we still want to continue the tradition of celebrating our marriage around the time of our anniversary. Quality time is both of our love languages so having that opportunity to just be together is so important. With quite a few other financial goals that we are trying to tackle this year, TBD on what this trip could turn into! In the meantime, we are hoping that Grant’s extensive traveling will result in some extra Delta Sky Miles (fingers crossed!).
  6. New living room couch – So maybe this one is more of a nice to have/want to have than an actual goal for 2019. Over the past few months, we’ve felt our house turn into a home as we’ve made it our own. The addition (finally!) of the dining room table really helped us feel the place come together, and the final big thing on our list for the downstairs entertaining area is a new couch. Hopefully in time for football season, but we will see!
  7. Be more spontaneous and spend time with friends – Once you leave college and everyone has different jobs and schedules and lives in different areas, it gets harder and harder to spend time with friends like you used to. After college, there is no set timeline either, so everyone is at a different stage in their lives. But you realize the importance of and how much you appreciate the people that are always there for you. So in 2019, we want to continue to try new things, visit new places, and spend time with the ones we love.
  8. 1 big date night per month – Perhaps “big” date night isn’t the right wording for this one. Basically, this is to force us out of the Friday night Mexican restaurant routine at least once a month to try something new. So far, we’ve been to the High Museum for Infinity Mirrors and to see Les Miserables. Our next date night that I’m super excited about is going to see Cinderella at the Fox! If you have any other suggestions for unique date night ideas, definitely let us know. So there you go! 2019 is already in full swing, and we are excited to see what all this year holds. Follow us on Instagram at www.Instagram.com/TheLocalBells for more.

Reflecting on 2018 Goals

Wow, it’s hard to believe that we have closed out another year and it’s on to 2019! In some ways, it’s felt like it went by so quickly, but on the other hand it feels like there was so much crammed into 2018 that it couldn’t possibly have been just one year. In one of our very first blog posts, we wrote about our goals for 2018 (take a look at the full post here). To be completely honest, it wasn’t something that we talked much about on a regular basis throughout the year, but we kept the list posted on our fridge as a constant reminder of what we were working towards.

So how did we do? I was a little nervous pulling that sheet of paper off the fridge to evaluate whether we had achieved our goals or had fallen short. Here’s a quick snapshot of how we did:

  1. Exercising 30 minutes at least 3 times per week Yes! Overall, I’d say we did a pretty good job on this one during a typical work week. I workout with my mom and sister twice a week, which holds me accountable, and the gym is on my way home for at least one more workout each week. Grant stops by the gym most days after work when he’s not traveling and we try to have at least one weekend workout together as well. I’m hoping we can keep this positive momentum rolling in 2019!
  2. Cook dinner at home at least 4 nights per week – Yes! Another one I am really proud of us for achieving! Not only do we save a significant amount of money eating in, but it gives us healthier options and more time to spend together. Another habit from 2018 that we are hoping to continue. And if you have any great recipes, send them my way – we are constantly looking for new easy meals to try.
  3. Save enough money for a house down payment by October – YES! By far my proudest accomplishment from 2018. We began our home search in May, a bit earlier than we had originally planned. By early June, we were under contract for a house and set to close in August. It took a lot of discipline to save and watch our spending those first 7-9 months of marriage, (and a lot of meals at home with chicken) but it paid off! We are incredibly blessed to have found a home that we can grow into in an area that we love.
  4. Max out 401K – Kinda. Grant and I both have employer sponsored 401K accounts and each have a separate Roth IRA account. We both continued to contribute to our employer accounts in order to get the full employer match, but are still working up to maxing out our Roth contributions for the year. Automating these contributions and our savings in general will help us to hopefully get closer with this in 2019.
  5. Less than $10,000 student loan debt and car loan – No. This is one where it would have been beneficial to track this progress more closely throughout the year because we were really close. We ended the year at about $12,500 left on student loans and car payments, so we were just shy of meeting our goal. When I checked the accounts and saw we were so close yet didn’t meet that goal, I felt disappointed and a little dejected. And sometimes that’s how you feel when you don’t meet a goal – you focus on what you didn’t accomplish rather than what you did. So I looked at what we were able to do in 2018 and I found that we paid off nearly $15,000 in student loans and car payments! That is incredible!! Yes, we fell short of our goal, but we should be proud of what we accomplished in 2018 and keep pushing forward in 2019 to officially be debt free (minus our mortgage).
  6. Use every vacation day – In progressWe are still working on this one, but we each took some time off around Thanksgiving and between Christmas and New Years to spend time with family and friends and relax and recharge before heading back to work. Both Grant and I value quality time together more than anything else, so we’re working to make it a priority to use our vacation/PTO time. And more to come, but we have officially booked a 12 day trip to Italy in May! 
  7. Plan a first anniversary trip in November – Yes! We actually were overachievers when it came to this goal – we had a mini stay-cation for one night at Chateau Elan the weekend of our actual anniversary and then planned our big anniversary trip to Disney World after Thanksgiving. We had an incredible time there and will be sharing some tips and tricks soon on ways we made the most of our time and saved money (TLB tip – we booked a free dining offer and Disney is currently offering it again for July-September here! If you want recommendations or have questions, we are happy to share our experience.) 

So there you go. We didn’t achieve all of our goals, but rather than feeling disappointed by what we didn’t do, we are celebrating all we were able to accomplish this year and know that 2019 holds even more exciting times!

Thanks for following along and happy new year to everyone! We are excited for all that is to come in 2019, so be sure to check out our Instagram

We Bought a House! – How We Did It and What We Wish We Knew

Our big announcement from this summer is that we are officially homeowners! We went under contract in early June, but didn’t close until mid-August, so it was a pretty quiet summer for us in terms of travel and eating out. We had a goal after signing our apartment lease back in October 2017 to find a house to make a home before that lease ended in November 2018 (check out our 2018 goals here). Between planning a wedding, adjusting to married life, and knowing that we needed to save aggressively if we were buying a house in 2018, it has been a whirlwind of the past 9 months. We had an awesome real estate team, mortgage lender, and support from our families during the process, so we’d like to pass along some tips on how we planned/paid for a wedding and saved for a house in less than a year along with some things we wish we had known before starting the home search process.

What were we looking for in a house?

  1. Move-in-ready Home: For the most part, Grant and I were on the same page with what we wanted in a house. We knew we preferred a single family home that our family could grow into over the next several years, but we were open to townhomes as well. Even though Grant is very handy and has a background in construction, we wanted to find a place that we could move into right away rather than having to do substantial and probably costly renovations to right off the bat. During the home search process, we saw quite a few fixer-uppers that we weren’t quite ready to tackle in a first home!
  2. Open Kitchen: We usually cook at home every Sunday through Thursday, so having a big, updated kitchen was very important to us. There were a lot of quirks in our old apartment, like no pantry, having the laundry “room” (more like a closet) in the kitchen, and cabinets that were too small to fit even regular sized dishware. We joked that we should have brought a plate and a wine glass with us when looking at houses to double check that the cabinets were big enough! We never really got the chance to entertain at our apartment either, so having an open space where our friends and family could gather was really important to us – especially as football season kicks off!
  3. Outdoor Space: For Grant, having a backyard and a place to grill was at the top of his list. With the fire hazard of having grills at apartment complexes, Grant’s grill has been at my parents’ house for the time being. Eventually, we also want to have a dog, so having a nice outdoor space was important long-term.
  4. Room to Grow: We were really grateful to have decided on a 2 bedroom apartment as opposed to a one bedroom, but after the better part of a year, we were ready to have room to unpack completely and grow. A lot of our wedding presents were still packed up since we had limited space, so we wanted to have the room to not feel cramped. We didn’t have a particular square footage in mind when looking at homes, but we knew we wanted to find a place that we could grow into as our family (hopefully!) grows in the future.

How did we do it?

  1. Planning in Advance: We knew that our first apartment was just temporary and already planned that we wouldn’t renew our lease before we even signed the initial one! With that in mind, we knew that the biggest hurdle we had to face was being disciplined and diligent in our saving for a down payment. We knew a lot of homes go on the market in the summer time and the area we wanted to live and at our price point was a hot market. We did some preliminary research with our mortgage lender, explaining how much we felt comfortable spending monthly and were able to determine our price range along with anticipated costs of putting 20% and closing costs. After that, we reached out to our awesome team of realtors (thanks, Mary Beth and Liz!) in late April and started looking at several homes on and off over a 6 week period.
  2. Automated Savings: To be perfectly honest, we were pretty easygoing with our budget post wedding. We do eat at home a lot, which saves considerably over the course of a month. Neither of us are big “stuff” people and prefer more to spend money on experiences. During our “extreme home closing budget” period, we did have to cut back some on the experiences, but were grateful to have some gift cards leftover from our wedding presents and some credit card cash back money to splurge along the way. The easiest way for us to save was to set up automated payments to our savings account on payday, so we never really had to think about saving. Each paycheck, Grant and I had roughly 15% of our paycheck automatically transferred to savings, so it started to add up quickly.
  3. Lots of chicken and eating at home: Once we were under contract, we did cut back considerably on our discretionary spend, with the big one being only eating out dinner once per week (thanks, La Parilla!). We had to get creative with our recipes and continued to bring lunch from home instead of eating out during the work week. Sunday was our day to plan out our meals for the week, and making a grocery list helped us stick to just what we needed rather than filling up the cart with impulse purchases. We typically shopped at Costco to get our meats in bulk and Kroger to take advantage of some of their Kroger Plus discounts and coupons. We are also extremely grateful for our friends and family that had us over for meals during our “cut back” time.

What do we wish we knew at the beginning of the process?

  1. Save more than you think. Having enough saved for the down payment is not enough – you need to think about closing costs as well as what your emergency fund looks like. You’ll have a few smaller payments along the way for the earnest money deposit, inspection, and appraisal. This goes back to one of the first steps in the home-buying process – while you may be approved for a much higher value house, really think about how much you can budget each month. Because of this, we actually found that we were able to make our budget work with a slightly higher monthly payment for a 15 year mortgage versus the traditional 30 year, which will save us tens of thousands of dollars in interest over the course of the loan. Big thanks to Eric at Supreme Lending for answering all of our questions throughout the process!
  2. In some cases, you’ll have to make a decision very quickly. I think Grant would agree with me that we both like to take our time when making decisions to weigh all of the options and do our research. Unfortunately, in a hot housing market, you often don’t have the luxury of time on your side. We looked at our now home on a Wednesday evening, made an offer the next morning, and found out it had been accepted by lunchtime. It blows my mind that we made such a huge life decision in less than 24 – and then, we had 67 days until closing! So while some parts of the process are very quick, you may also hit some slow parts leading up to closing.
  3. Once you move out of an apartment, you should never move yourself again. I was very fortunate that Grant, his brother, my uncle, mom, and countless other family members helped out so much on the big day of the move. Grant and I worked for several days after closing to move some of our more breakable things and anything that wasn’t furniture, so that only furniture was moved on the day we rented the Uhaul. We have already agreed that this will be the last time we move ourselves. The whole home-buying process can be stressful, but the move is definitely the most strenuous, especially when it comes to furniture. With more space than we had in the apartment, we’ll likely add more furniture over the years, and when it comes time to move again, we will be bringing in the professionals! TLB Fun Fact: We did not purchase a single moving box for this move! 
  4. Closing was actually very easy! The wire transfer was the worst part – you see so many warnings about wire transfer fraud and just hope that it all goes okay until you get the confirmation from the closing attorney. The actual transfer at the bank is pretty anti-climactic (until you see your bank account after it), and once that is done, you are basically in the home stretch to getting your keys. The whole closing process took just under an hour, and I’m not certain we could have done it any quicker! The closing attorney briefly explained all of the documents we signed, we practiced our autographs on about 25,762 different papers, and then we got the keys and a stack of paperwork! The best feeling was driving up to our house after the closing, knowing all of the hard work and stress was finally worth it.

We are so thrilled about this next chapter in our lives! For anyone considering buying a home, we hope our experience helps you plan and encourages you to keep working hard towards your goals.

With fall and football season just ahead, be sure to check out our Instagram to keep up with what’s next for the Local Bells! www.instagram.com/TheLocalBells

Where To Next?

Back in January, we shared our goals for 2018. So far, we’ve been staying on track with exercising and eating at home, and we are making progress on our financial goals after officially combining our accounts (not as hard as we expected!). However, the one area we want to start planning more is our travel and vacation plans for the year. With both of us working traditional 9 to 5 jobs, we have a finite amount of time to escape the work grind and want to use this first year of marriage to visit new places. So where to next?

That appears to be the million dollar question.

Between the two of us, Grant tends to be more spontaneous and ready to try new things while Meagan prefers to plan every last detail and stick with the tried and true. We started brainstorming some ideas for this year and ended up with with too many options and no decisions! So what’s stopping us?

  • Do we take one big vacation or several smaller ones? In 2017, our honeymoon was our big trip of the year (and definitely worth it – see our full review here!). Now that we aren’t planning a wedding, we have more vacation time to spread out throughout the course of the year. In a study cited by the New York Times, research has found that several smaller vacation per year rather than one big one boosts overall happiness more than when taking one long vacation. And even more than that, the actual planning and anticipation of a vacation boosts happiness for up to 8 weeks! With that in mind, we lean more towards planning several smaller trips this year. Ideally, we’d like to plan a few long weekend trips, a short summer trip, an anniversary trip in November, and take some time off around Christmas and New Years. South Africa, Europe, and somewhere in the South Pacific are still on the bucket list for some of those longer trip options in the future though!
  • How much should we budget for our vacation fund? There are mixed options about how much to spend on travel each year. Forbes reports that Americans spend 10% of their annual incomes on vacations. While we aren’t paying for a wedding this year, we are working hard to pay down student and car loans as well as saving for a down payment for a house. Planning domestic trips and ones that are driving distances instead of flying will help us keep our vacation costs lower. For our trip this week, we are staying at a condo through Airbnb, which was over 50% less than staying at a hotel resort. (If you are new to Airbnb, use this link to save $40 on your first stay) We also plan to utilize any of our credit card perks or cash back this year to help with some vacation costs. With Meagan being a planner, we have time to research, save, and hopefully get the best deals!
  • Where should we go? We are all over the place on this one and could definitely use some inspiration and suggestions! We’ve talked about Hilton Head or Destin for a beach trip, as they’re both about 6 hours away driving distance. There are some great Airbnb rental options and we both could use a good dose of “vitamin sea!” We’ve never been to Savannah or Asheville together and would love to explore the historic sites along the river or experience the Biltmore Estate. For our anniversary, we’ve looked into New York City, the Florida Keys, or Disney World – planning to splurge the most on this trip this year. We loved our relaxing honeymoon in paradise, but are looking for adventure in our first anniversary trip. Ultimately, we are looking to plan 4-5 smaller trips this year within the domestic U.S., ideally spending around $1,000-$1,500 per trip.

We are off to Park City, Utah for our first trip of the year this week – stay tuned for our post next week! In the meantime, we welcome any and all suggestions on other places to go this year, as well as any tips for planning and saving money along the way. Be sure to follow along with our Instagram at www.instagram.com/thelocalbells

Welcome 2018!

Happy New Year! 2017 flew by and now it’s on to 2018! If you’re like us, New Year’s resolutions can be a bit daunting, especially since 80% of people give up on their resolutions by February. That’s why we’ve decided to rename them our 2018 goals instead of resolutions. More to come on what those are!

The first step in creating our 2018 goals was to revisit the SMART goal method:

Specific: Be detailed in what you want to accomplish by identifying the “who, what, when, where, why, and how.”

Measurable: Determine how you want to track your progress.

Attainable: Set expectations for your goals that align with the action steps you are going to take.

Relevant:  Make sure it aligns with your broader goals, whether personally or professionally. Will this contribute to reaching those higher initiatives?

Timely: Set a specific time frame that you will work towards accomplishing actions. Break it up into manageable pieces to make the tasks less daunting.

So there it is – the steps to creating goals (or resolutions) for the new year that you can actually achieve!

What are your 2018 goals?